Goel Hemant 4
4 · Spok Holdings, Inc · Filed Mar 9, 2018
Insider Transaction Report
Form 4
Goel Hemant
Chief Operating Officer
Transactions
- Disposition to Issuer
Restricted Stock Units
2018-03-09−8,749→ 81,183 total→ Common Stock (8,749 underlying) - Exercise/Conversion
Common Stock
2018-03-09+8,748→ 11,201 total - Tax Payment
Common Stock
2018-03-09$15.90/sh−2,677$42,564→ 8,524 total - Exercise/Conversion
Restricted Stock Units
2018-03-09−8,748→ 89,923 total→ Common Stock (8,748 underlying)
Footnotes (5)
- [F1]On March 9, 2018, shares were issued upon vesting of Restricted Stock Units ("RSUs") granted to Mr. Goel under the Spok Holdings, Inc. 2015 Long Term Incentive Plan (the "2015 LTIP").
- [F2]RSUs were granted to Mr. Goel under the 2015 LTIP. Each RSU represents a contingent right to receive one share of the issuer's Common Stock.
- [F3]On March 9, 2018 Mr. Goel surrendered 2,677 shares of Spok Holdings, Inc. ("the Company") common stock to the Company in payment of required tax withholdings due upon vesting of the Company's 2015 Long Term Incentive Plan. The price was based on the closing price per share of March 2, 2018 as reported on NASDAQ.
- [F4]On March 9, 2018 8,748 shares vested under the 2015 LTIP.
- [F5]On March 9, 2018, 8,749 shares were forfeited due to performance criteria of the 2015 LTIP not being met.